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A few years back I was studying mortgage products and learning what other options are available for debt. One of the things that intrigued me was that ARMs can have payments lowered if you prepay the mortgage. I fou...
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Given the uptick in the real estate market and strong demand for rentals, the concern I currently have is... are we making purchase decision based on the current strong rental demand, and eventually the tide will s...
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My local market is very expensive and out of my price range for investment, so I've been investing in other markets. I bought my first two investment properties in Phoenix AZ two years ago. Both needed only minor wo...
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I’m trying to get a read on what real estate values are doing in each geographic area where we do business. It’s one thing to read reports compiled by third parties, but it’s an altogether different story from the age...
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Okay, so I just posted back a couple of months ago regarding a 3 bedroom single family I bought on July 15th. But, I had the opportunity to buy a 3 bedroom townhouse.This deal actually started back in May! I visited...
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Guys and gals, sometimes I get a belly full of hearing the same old conventional wisdom over and over. Today I'm going to tackle this one: "Buy only in the top tourist areas." Are we more worried about investing s...
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I see more and more investors buying 10k SFR's in low-income areas. They put 5k-7k into rehabbing the house, and renting it to Section 8 for a nice, consistent ROI. I personally know 3 people who do this. They actuall...
My dad just sent me this link.
http://theextinctionprotocol.wordpress.com/2013/07/18/motor-city-goes-bust-largest-ever-municipal-bankruptcy-in-u-s-history/
What do you all think about the REI market in Detroit after...
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Hi Everyone, long time lurker, first time poster. I recently purchased a 6 bedroom/2200 sq ft. house near a small university in our town. The contractor that bought renovated it himself with the thought of putting co...
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I’m new to real estate and haven’t made an offer yet. I keep finding properties that don't make sense at the asking price, which I’m sure is common. For example, I found a pretty decent property but they’re asking way...